| Indonesia is rapidly becoming the place to be seen for the Islamic banking community. Most recently Adnan Ahmed Yousif, CEO of Albaraka, Bahrain's largest listed bank said he was interested in buying into the Indonesian market. The price ticket? $100m.
He was not the only one. It has been reported in a number of places that Qatar Islamic Bank - buoyed by the support given by the Qatari government's recent dictate that all of QIB's non-Islamic domestic competitors shut down their Islamic operations and transfer their assets and customer to the bona fide pure Islamic banks - has declared its intention to increase its influence in Indonesia.............................................Full Article: Source
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